63-1608 — LAPSE OF UNUSED CREDIT


                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 16
                             PREPAYMENT OF TAXES
    63-1608.  LAPSE OF UNUSED CREDIT. If for any reason during the impact
period the taxpayer should cease business operations and the credits
accumulated for prepaid ad valorem taxes have not been completely set off
against taxes due, the balance of the unused credit shall be forfeited, and
the county and taxing districts shall be under no obligation to pay off the
unused credits.